Attached above is the MSCI Singapore (SiMSCI) Technicals reflecting the state of the Singapore stocks and equities market. Singapore market traditionally has been one of the best market indicator for the health of worldwide financial markets.
Smart Monies have absorbed a lot of selling in 1H-2016. Bullish. Symmetrical Re-accumulation Triangle as above will break up. There will be a super rally in 2H-2016 and 2017. Blue chips will be among the first tier to switch gear to super rally mode worldwide.
Blindfold, throw stones at the bull, and 8 out of every 10 stones will hit the bull in 2H-2016 and 2017.